In May, Elon Musk, the billionaire Tesla and SpaceX CEO tweeted that he would be “selling almost all physical possessions. Will own no house.” A few days later, he listed four stunning mansions in Los Angeles for sale for a total of $137 million. Musk’s real estate portfolio holds Gene Wilder’s former home, a $30 million mansion in Los Angeles, and a historic 100-year-old mansion on the San Francisco Peninsula. In this article, we take a look at the breathtaking houses owned by the world’s first billionaire renter.
At one point, Musk owned several properties across the greater Los Angeles area collectively worth over a whopping $70 million. Musk purchased his first piece of Bel-Air real estate in late 2012. He started by renting the same house in 2010; he lived there with his family. He later bought the mansion for $17 million. The home has 20,248 sprawls over square feet with a total of seven bedrooms and thirteen baths. The kitchen features a beautiful brick ceiling. The backyard has a beautiful pool, a spacious tennis court, and a picturesque view of the exclusive Bel-Air Country Club. The home also houses a gym and a wine cellar. This 20,248-square-foot property was the beginning of it all, the first and the largest of his Bel Air estates to go after Musk had tweeted about his goal to the world, the property had been up for sale with an asking price of $30 million and had sold for $29.72 million to William Ding, a Chinese billionaire The sum is reportedly about $5.5 million more than what the Tesla CEO paid when buying it in 2016.
Musk bought this stunning ranch house located a little away from his mansion for $6.75 million in October 2013. Yes, Elon Musk owned the house of the late actor Gene Wilders, which he had purchased to “preserve the spirit of Gene Wilder”. Beloved actor Gene Wilder lived there for over 30 years until 2007. In a 2015 interview with Vogue, the billionaire CEO described it as “like a little schoolhouse on the prairie, except in Bel-Air on a golf course.” Though Musk never lived in the house, he had used it as a private school—named AdAstra—for his children and children of some of the SpaceX and Tesla employees. While selling the house, the Tesla CEO made it clear that the buyer must not harm the house’s “soul” or tear it down. “Just one stipulation on sale: I own Gene Wilder’s old house. It cannot be torn down or lose any of its soul.” Musk tweeted. Soon, it was revealed that he had sold the Wilder estate to Elizabeth Hunter, the wife of Wilder’s nephew Jordan Walker-Perlman, for $7 million in an off-market deal. It was also reported that the tech mogul lent as much as $6.7 million to help them buy the property too.
This boomerang-shaped home in Brentwood, California, about 15 miles northwest of downtown Los Angeles was previously owned by Elon Musk. Musk paid just under $3.7 million for it in 2014, per the Variety-owned real-estate site Dirt. The building is surrounded by privacy hedges for security but has floor-to-ceiling giant windows throughout to let the daylight in. Musk sold the home for $4 million in late August 2019, stated a Business Insider report. Way before he publicly declared his intentions, Musk had already sold a 0.28-acre modern house in Brentwood, only about 20 minutes away from his six former Chalon-Somera properties. He sold it in August 2019 for $3.9 million, the property had reportedly cost the Tesla CEO about $3.7 million in 2014.
The billionaire techie purchased another Bel-Air mansion while it was still under construction for $24.25 million in 2016, Variety reported that year. Notably, Musk doesn’t own a home near the Tesla factory in Fremont, California. He has previously shared that he slept on a couch or the floor of a conference room during busy production periods.
In a Zillow listing, the four of Musk’s remaining properties in Bel Air had a combined asking price of $62.5 million and an interesting description to go with: “A project for the big thinker, designed to showcase one of the best views in Los Angeles – from the city to the ocean and beyond.” The properties, all unique in architecture and their worth ranging between $4 million to $30 million, made him a profit of about $6.8 million.
Now, after almost a year of emptying his material baggage, it has all come down to one gigantic 100-year-old mansion near San Jose. The Hillsborough estate is built on 47 acres of land, with 9 bedrooms, 9.5 baths, and just about anything you could dream for including hiking trails, canyons, a big ballroom, and a reservoir! Originally listed for $35 million in May 2020, it seems Musk has taken down the listing for now. However, according to reports, there is every possibility that the home will be relisted and Musk will complete his quest to get rid of all his real estate assets.